ANALYSIS: Blue Swimming Crab Meat Market Remains Firm
The crab meat market continues to see firming prices on all grades, especially the larger ones. Upward pricing pressure remains due to ever increasing replacement costs.
In Indonesia, the top supplier of blue swimming crab meat, holding over a 54 percent market share, market participants continue to report that competition for product remains high. Cost for raw material in this top producing country is reported to be rising. Inventories are thin as many importers let their supplies in the U.S. dwindle given the lack of demand at foodservice throughout the country...
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